Gold sell side viewlooks like we can see a small correction in gold Low risk and high reward trade, if it comes above 2150 again please exit the trade otherwise it can give big targetShortby AJ-Paris_Market_UKUpdated 0
Gold next move (Bulls are in upper hand )(08-03-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (08-03-2024) Current price- 2158 "if Price stay below 2165, then next target is 2150 and 2140 and above that 2180. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddi101064
Gold eases from record top, focus on $2,150, US NFPGold price snaps seven-day winning streak while retreating from the all-time high (ATH) of nearly $2,165 to $2,156 early Friday. In doing so, the precious metal portrays the consolidation of recent gains ahead of the all-important US employment details for February amid the overbought RSI (14) conditions. It’s worth noting, however, that the bullion still trades above the immediate resistance-turned-support, namely the previous record high marked in 2023 around $2,150. Hence, the XAUUSD sellers need validation from the US jobs report as well as the $2,150 to retake control. Following that, a quick fall toward the late December 2023 peak of around $2,090 and the $2,065-64 support zone can’t be ruled out. Even so, the commodity bears need to remain cautious unless the quote offers a daily closing beneath three-week-old rising support and the 100-SMA, respectively near $2,050 and $2,022. On the flip side, the Gold buyers stay in the driver’s seat and can aim for a 10-month-old ascending resistance line, close to $2,185 by the press time, during further upside. Should the quote manage to ignore the RSI conditions and remain firmer past $2,185, the $2,200 round figure will act as an extra filter toward the north. It’s worth noting that the XAUUSD’s successful trading above $2,200 enables buyers to aim for the 78.6% Fibonacci Extension (FE) of its moves between 2018 and 2022, around $2,336. Overall, Gold price remains on the bullish trend but a pullback appears imminent unless the scheduled data fail to inspire US Dollar’s rebound.by MTradingGlobal0
TWO Possible scenarios SELL AND BUY on XAUUSDI am interested in both SELLING and BUYING. After breaking all the resistance gold created all-time highs, but some correction may be possible, so I'm looking for a short-term sell and a big buy move after the correction.Shortby Knickk1
Gold price today: Record high!Hello everyone, it's great to see you all again for today's discussion on the price of gold! Currently, gold is trading around $2,145.560 per ounce, an increase of $17,995 per ounce compared to yesterday's price. This upward trend in gold continues today, driven by the expectation of monetary easing in the United States. Gold has strong potential for short-term growth as the Fed will not let the US economy weaken. The Fed is likely to soon cut interest rates, which will support gold. However, gold also faces several risks as the precious metal is rapidly rising and reaching record highs. Profit-taking pressure may increase as a result. According to technical indicators, gold is currently overbought. This could mean a potential reversal to a downward trend if profit-taking activities intensify.Shortby RKarinaUpdated 14
XAUUSD fvg gap trade .so, we have to just wait for the price to come at the 2119 to 21117 wait for the candle close or at a smaller time frame look for reversal to take trade on the long side. i have marked the levels . take trade carefully at your own risk. Longby rashidrashid5642Updated 0
Gold price today: Will the upward momentum continue?The price of gold (XAU/USD) has taken advantage of its recent upward momentum and reached a new record high around $2,152 on Wednesday. This price increase comes amidst expectations of an upcoming change in the Federal Reserve's policy. Comments from Fed Chair Jerome Powell have reinforced these expectations, indicating that the central bank is likely to lower the benchmark interest rate by the end of this year. However, Fed Minneapolis President Neel Kashkari has tempered speculation of a more aggressive policy easing, providing some support for the US Dollar (USD) and preventing it from dropping to its lowest level since February. As a result, this has limited further gains for gold, especially when considering the excessive price increase on the daily chart. At the same time, any significant adjustments in the price of gold seem unlikely due to the current geopolitical tensions. Furthermore, concerns about China's economic slowdown, as the world's second-largest economy, may continue to support this precious metal. Additionally, investors may exercise caution ahead of Powell's second testimony before the Senate Banking Committee and the release of monthly employment data in the United States.Longby RKarina30
new gold MomentumAs we can see gold on all time high so we should not rush it because if you see daily time frame of gold we can see that there is a chance for a good pull back so be wise remember its easy plase follw risk management only guys by umairkhan0520010
Gold Prices Poised for Upsurge: Flag and Pole Pattern Breakout "Get ready for a potential surge in gold prices as the market hints at a breakout of the flag and pole pattern. The flag and pole pattern, a continuation pattern typically seen in strong uptrends, is forming in the gold market, indicating a potential resumption of the bullish trend. Stay ahead of the curve and capitalize on this opportunity as gold gears up for a significant upward move. Keep a close eye on the breakout point and be prepared to act decisively to seize potential gains in the gold market." @johntradingwick @TradingView Longby jadhaodipak999111
XAUUSDWelcome back to a fresh discussion on the gold price for the upcoming week. In the past week, gold has witnessed an impressive surge, continuously climbing from $2035 to $2088 and maintaining a stable price around $2080 in the early hours of Monday. Looking ahead and building a strategy along with forecasts for this week: A survey involving 14 analysts revealed that none of them predict a decline in the gold price in the near future. Among them, 11 analysts, accounting for 79%, remain optimistic about the prospects of gold, while 3 analysts, making up 21%, hold a neutral stance towards this precious metal. Regarding today's gold price forecast: Gold has started to undergo a price correction and shows a slight downward trend under the pressure of profit-taking from investors, decreasing by 0.15% in a day. This price breakthrough may lead to gold being retested at key support levels, so investors need to exercise caution to avoid being swayed by the price.by RKarinaUpdated 36
Plan Trading Gold 7 MarchYesterday's candle was a strong green one, with a range of 27 pips and a body of 20 pips. Notably, it broke through the previous peak at 2149, reaching 2152. The trading volume for three consecutive days was consistently higher than the average, indicating a strong upward trend for gold prices. Regarding news: Yesterday had three pieces of news— one negative for the currency and two positive ones. However, overall, the economy seems to be facing difficulties as the indicators are worse compared to previous months. Today's news includes Unemployment Claims at 8:30 AM (better if lower for the currency). The last release was negative for the currency, yet the price sharply increased by 18 pips. This news is crucial. Another news event is Fed Chair Powell's Testimony at 10:00 PM, tightening/ maintaining is good for the currency. The recent release was yesterday, causing a 4-point price fluctuation with general and vague statements. Key buy/sell zones to watch: Buy zone 01: 2133-2134 Buy zone 02: 2124-2125 Scalping orders: Around buy 2142, sell 2150. It's challenging to estimate the sell zone after the news due to risks. Perhaps around 2174.by DucFI0
ANALYSIS HITS BULLS EYE!Gold, as mentioned in previous week's analysis has Touched 2085 zone! And with what Strength 🚀 2100 Zone is going to act as Crucial Resistance. One may expect some retracement following the Trending move. 2065 2055 is going to act as crucial Support and any retracement will see possible follow up buying. In case, 2055 is breached, then 2030 2015 could be tested. Happy Weekend! I've Linked Last week's analysis for Reference. by DrAnandMUpdated 7722
XAUUSDDear Friends See the XAUUSD Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel to get the Instant Notification of Every New Analysis.by FXGLOBEX443
XAUUSD 1H BUY PROJECTION 06.03.24RSI 14 ABOVE 50 and it indicates Buy trend in 1h Stochatic Oversold AND READY FOR bUY Overall Possible Outcomes 🔹FX SIGNAL GOLD BUY 2125.80 SL 2118.00 TP 2141.20by kripsonfx972
Potential Future Outlook for Gold (XAUUSD) - March 6th, 2024Given the robust resistance level observed at 2041.88 for Gold (XAUUSD) , there is a possibility of a downward movement in its price trajectory. Consequently, it is conceivable that Gold may experience a decline, potentially reaching levels around 2111 and 2080 .Shortby nadeem_fx33
Gold Order Block in 1HR | Look BulishIn gold form order block in 1hr time frame and also long 4hr order block is there. if you are trading in gold so Look for Buy LIKE,SHARE,FOLLOW ( mentor of your mentor)Longby PM_PatilUpdated 11
XAUUSD 2126 HIGH MARKED ZONE 2 As Stated Earlier about the different zone related to gold movement and upside surge of rally , once again gold moved in a pattern followed by previous chart touched a high at $2126 Oz. today, marching towards previous higher mark of $2148 on 12th Dec 2024. As mentioned gold is at 2nd Selling range, But no sign of reversals are seen yet. Important Data is Lined up today I am expecting my suggestive range will give good results till weekend as expected.by sagaahhelite4
IDEA ON XAUUSD XAU USD has formed cup and handle formation on monthly analysis. Expected bulls to continue the momentum.by Nishad579801
XAUUSDXAUUSD Technical Analysis According Short Because, XAUUSD Moved in Ascending Channel or XAUUSD Move to Retest. Now I think XAUUSD is the Sell. for Long Time Trade.Shortby RoxCapitals4
Assessing the Latest Gold Price TrendsCurrently, gold prices have established strong upward trends, and this is why we should not sell at any time. Instead, we will wait for favorable reactions to seize buying opportunities. However, In the short term, a bearish structure emerges, and we can engage in scalping trades by selling Plan suggest: Entry Zone: 2116 ~ 2112 Stoploss: 2121 Takeprofit: 2083 Our trading plan will always be updated. Click the follow button to receive the latest notificationsby HuyhutiUpdated 447
XAUUSD sale time It can easily give 60 pips sell on this the reason for the sale is my personal trick and zones and in zones it make a selling candle only for learning prepass Shortby devpillai301113
XAUUSD 2100 AGAIN As per our previous analysis and level targets , spot gold is moving towards 2100 targeting previous dec high of 2148, as per Fib channel and retracement patterns , i am expecting range zone to be dropped down by 2070-2040 in next set of weeks due to pressure building over gold and other reasons involving USA elections ahead. Range and Expected Target zones are mentioned in charts. we will wait for this week NFP show on Friday. Also Powell will testify 2 times in this week Lagarde Speech will add more volatility in the pair. by sagaahhelite3
Gold next move (Bulls are in power)(04-03-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (04-03-2024) Current price- 2092 "if Price stay below 2109, then next target is 2082 and 2070 and above that 2120. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.Shortby AnupZiddi55